B. Riley Adjusts Axcelis Technologies Price Target to $140
B. Riley has revised its price target for Axcelis Technologies, Inc. to $140 from $165 while maintaining a Buy rating.
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Filed: 2026-11-05 AccNo: 0001104659-26-123080 Size: 474 KB Item 2.02: Results of Operations and Financial Condition Item 9.01: Financial Statements and Exhibits
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B. Riley has revised its price target for Axcelis Technologies, Inc. to $140 from $165 while maintaining a Buy rating.
Axcelis Technologies (NASDAQ:ACLS) reported third-quarter financial results on Thursday. The transcript from the company’s third-quarter earnings call has been provided below.This transcript is brought to you by
Axcelis Technologies, Inc. reported its financial results for the third quarter ended September 30, 2026, highlighting revenue of $237.8 million and GAAP diluted earnings per share of $1.21.
Axcelis Technologies and Veeco Instruments have updated the expected closing timeline for their all-stock merger to the end of the first quarter of 2027.
Axcelis Technologies, Inc. has named Jeroen Delsman as its new Executive Vice President and Chief Financial Officer, effective November 12, 2026.
Axcelis Technologies, Inc. has scheduled the release of its third-quarter 2026 financial results for November 5, 2026, followed by a conference call.